Consumer Issues & Information

2011

 
bank column

February 1, 2011

Truth In Lending

In light of its July 2011 transfer of Truth In Lending authority to the new Bureau of Consumer Financial Protection, the Federal Reserve will not finalize three pending proposed amendments to Regulation Z. The proposed amendments addressed disclosures for closed-end loans and home equity lines of credit, reverse mortgages, and rescission rights.

View Press Release

Contact Us

Richmond

Legal Department
(804) 697-8426